White goods industry to set up chain of discount shops

PTIApr 3, 2003, 04.39pm IST

NEW DELHI: The consumer electronics industry has joined hands to establish a multi-brand mall 'Discount Circuit' which offers 15-50 per cent discount on products which are transit-damaged, repaired or slow-moving models.

The first of a series of malls, established by Calcom Electronics group, was inaugurated today by President of Consumer Electronics and TV Manufacturers Association Rajeev Karwal.